NOT LISTED FOR SALE

641 Surf Song Ln Unit A-3 Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $367,000 - $408,000

2 Beds
2 Baths
1,000 Sq Ft
$381/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $225,000 $225 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,961/month

15 Days on Market

Highlights

  • Community Beach Access
  • Main Floor Bedroom
  • Tennis Courts
  • Outdoor Pool
  • Furnished
  • Living Room

About This Home

As of April 2021

Well maintained two bedroom two bath oceanside condo. Owners have owned since 2006. Lovingly cared for and everything you need with a great floor plan. Enter into a bright living room and enjoy the wide open floor plan which also includes dining room and kitchen combination with tucked in laundry closet. Down the hallway off kitchen leads to a large master suite with master bath with plenty of space to live year round or use as a vacation rental. Hallway bath for ease of entertaining and also a second bedroom for the kids or older teenagers to have their space to enjoy on the other side of condo for nice separation. Enjoy the porch why the kids play in the pool. Indian Summer has recently updated their courtyard pool deck and fence and it looks marvelous. Easy walk to the beach. Pull under the building and park to get out of the elements. Ground level storage for all your bicycles and beach supplies. Hurry this one want last.

Last Agent to Sell the Property

Kathy Sawyer

Village Realty Holdings, LLC - Corolla License #88741 Listed on: 02/14/2021

Last Buyer's Agent

Whitney Hawkins

Brindley Beach Vacations & Sal License #187617

Brindley Beach Vacations & Sal

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,568

Year Built

  • Built in 1987

Lot Details

  • 958

HOA Fees

  • $733 Monthly HOA Fees

Home Design

  • Property Attached
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • Furnished
  • Window Treatments
  • Living Room
  • Dining Room
  • Utility Room
  • Washer and Dryer Hookup

Kitchen

  • Plumbed For Ice Maker
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Parking

  • Tuck Under Parking
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private Sewer

Additional Features

  • Outdoor Pool
  • Lot includes common area

Community Details

Overview

  • Association fees include building maintenance, common electric, common insurance, flood insurance, grounds maintenance, management, pool, security, tennis courts, water, walkways
  • Mark Palsha Association
  • Indian Summer Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,568

Year Built

Built in 1987

Lot Details

0

HOA Fees

$733 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: Going north to Corolla on NC 12. Take a right into Section F of Ocean Sands onto Sandfiddler Trail. Take left at stop sign and second building on the right is the backside of Indian Summer Building A. Park under building take the right ground level steps up. Unit is first level and unit is on the southern end of building.
  • Subdivision Name: Indian Summer Condos
  • Headline: Indian Summer Mins to Beach!
  • Heated Sq Ft: 1000
  • L V T Date: 02/16/2021
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Zoning: Res
  • Deed Book Pg Number: 700
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C26996
  • Outer Banks Software: Yes
  • Short Term Rental Restrictions: No
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Bedroom 1: On Level: 1
  • Bedroom 2: On Level: 1
  • Kitchen: On Level: 1
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Ice Maker Connection, Washer Connection
  • Dining Room: On Level: 1
  • Living Room: On Level: 1

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Off Street, Under

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Sewer/Septic System: Private Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Security, Tennis Courts, Water, Walkways
  • Condo Type: Attached
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 8795
  • Hoa Contact: Mark Palsha
  • HOA Contact: Markpalsha@verizon.net

Lot Info

  • Lot Description: Adj. To Common Area
  • Deed Book: 941

Rental Info

  • Other Insurance Expenses: 1013
  • Rental Co: Stan White Realty & Const
  • Rental Cottage Name: Surf's Up
  • Rental Cottage Number: OF-A3
  • Rental Turnover Day: Saturday
  • Annual Cable TV Expense: 1432
  • Annual Electric: 731

Building Info

  • Year Built: 1987

Tax Info

  • Year: 2020
  • Taxes: 1568

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2021
Closed on
Mar 29, 2021
Sold by
Colangelo Salvatore and Colangelo Alison
Bought by
Bell Robert L and Bell Beth A
Seller's Agent
Kathy Sawyer
Village Realty Holdings, LLC - Corolla
Buyer's Agent
Whitney Hawkins
Brindley Beach Vacations & Sal
List Price
$234,000
Sold Price
$225,000
Premium/Discount to List
-$9,000
-3.85%
Current Estimated Value
$380,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,925
Avg. Annual Appreciation
13.29%
Original Mortgage
$168,750
Outstanding Balance
$153,215
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$227,710

Purchase Details

Closed on
Apr 24, 2006
Sold by
Cohen Ian P and Cohen Barbara A
Bought by
Colangelo Salvatore and Colangelo Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
6.31%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bell Robert L $225,000 None Available
Colangelo Salvatore $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Robert L $168,750
Previous Owner Colangelo Salvatore $221,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $225,000 -3.8% $225 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/14/2021 02/14/21 For Sale $234,000 -- $234 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,485 $204,000 $88,000 $116,000
2023 $2,485 $204,000 $88,000 $116,000
2022 $2,025 $204,000 $88,000 $116,000
2021 $1,802 $183,700 $80,000 $103,700
2020 $1,567 $183,700 $80,000 $103,700
2019 $1,564 $183,700 $80,000 $103,700
2018 $1,583 $183,700 $80,000 $103,700
2017 $1,472 $183,700 $80,000 $103,700
2016 $1,340 $183,700 $80,000 $103,700
2015 $1,246 $183,700 $80,000 $103,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 112927

Outer Banks Association of REALTORS®

APN: 126F-000-0A3D-000F